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$194,900
Terrace Bay
16 Terrace Heights Drive, Terrace Bay (TB-92), Ontario, P0T2W0
This 3-bedroom, 2-bathroom home in Terrace Bay is for sale. Its $194,900 asking price sits right in line with the $194,900 median in Terrace Bay. It has been on the market 85 days, fresher than the Terrace Bay average of 466 days.
Located in the beautiful community of Terrace Bay just moments from the breathtaking shores of Lake Superior, this super spacious 3-bedroom, 1.5-bath family home offers the perfect blend of comfort, style, and privacy. Designed with family living in mind, the home features a huge open-concept layout highlighted by a bright white kitchen with loads of cabinetry, a large island with breakfast bar, and a cozy corner pellet stove that adds warmth and charm to the heart of the home. The separate formal dining area is perfect for hosting family dinners, while the expansive living room with in-floor heating provides a comfortable and inviting space to relax year-round. The home offers generously sized bedrooms, a full 4-piece bathroom, and a convenient 1-piece bath down. The lower level boasts a large rec room complete with its own pellet stove, creating the ideal space for entertaining, movie nights, or a family games area. Step outside to enjoy the private fully fenced backyard with a peaceful forest backdrop, complete with a patio area and large shed for added storage. Situated on a spacious lot with a huge driveway offering plenty of parking, this property is an exceptional opportunity for growing families looking for space and convenience in one of Northwestern Ontario’s most scenic communities. Call now to book your viewing! Visit www.century21superior.com for more info & pics. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 85 days on market, against an average age of 466 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 88 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 89.4 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 3-bed single family in Terrace Bay (TB-92) has been listed for 85 days, which is 381 days fresher than the city average of 466. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $194,900, about 2.5× the local median household income of $77,000.
Carrying it typically needs a household income of about $38,071 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA P0T)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice